Claro Advisors LLC Cuts Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Claro Advisors LLC cut its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,391 shares of the exchange traded fund’s stock after selling 1,343 shares during the period. Claro Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,965,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VMBS. Truvestments Capital LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at about $35,000. Castleview Partners LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 531.9% during the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 734 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $45,000. First PREMIER Bank boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 214.5% during the 3rd quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock valued at $70,000 after acquiring an additional 1,008 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 34.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 459 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock traded down $0.08 during mid-day trading on Monday, reaching $44.69. 2,929,721 shares of the company’s stock traded hands, compared to its average volume of 2,009,163. The stock has a 50 day moving average of $45.67 and a two-hundred day moving average of $46.20. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.1522 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, December 24th.

Vanguard Mortgage-Backed Securities ETF Profile

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index).